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Cable Update (GBPUSD)

  • #186,701
  • Dec 9, 2009 4:30am Dec 9, 2009 4:30am
Quoting wormboy
easy dt lol

he's still learning
sure I'm learning and happy to learn smth new everyday.
if you see my words were a replica from somewhere in the internet forums you're surfing, that's fine for me, at least now I know that smb is thinking similarly as I do)

but don't tell me what to do and I'll not tell you where you must go to.

happy trading, mates
  • #186,702
  • Dec 9, 2009 4:31am Dec 9, 2009 4:31am
  •  jaboo
  • | Joined Dec 2009 | Status: Ray Comfort is....the banana man | 236 Posts
this down sloping trend line is being stubborn.

bought at .6278, risked 10 pips. going for .6340.

short term trade.
  • #186,703
  • Dec 9, 2009 4:33am Dec 9, 2009 4:33am
seems pivot is not the problem...the problem is bull is very powerful now..
  • #186,704
  • Dec 9, 2009 4:34am Dec 9, 2009 4:34am
appropos of nothing, d-t, global macro, xaron, danuk (and many others i am sure) are the mountains that we molehills aspire to, so any comment from them is worth considering.


Quoting AlexanderSV
sure I'm learning and happy to learn smth new everyday.
if you see my words were a replica from somewhere in the internet forums you're surfing, that's fine for me, at least now I know that smb is thinking similarly as I do)

but don't tell me what to do and I'll not tell you where you must go to.

happy trading, mates
  • #186,705
  • Dec 9, 2009 4:35am Dec 9, 2009 4:35am
Quoting wormboy
easy dt lol

he's still learning
Hey Wormie - Howz my beer doing?
May the forex be with you |
  • #186,706
  • Dec 9, 2009 4:38am Dec 9, 2009 4:38am
I am still holding my short opened 2 days ago, but now I am confused seeing this H4 chart...
Attached Image (click to enlarge)
Click to Enlarge Name: gu_h4_1209.jpg Size: 80 KB
  • #186,707
  • Dec 9, 2009 4:38am Dec 9, 2009 4:38am
Quoting FXFundi
Hey Wormie - Howz my beer doing?
hey ff.

it's chilled waiting for your 7000 target. How's mine doing?
Thank You
  • #186,708
  • Dec 9, 2009 4:40am Dec 9, 2009 4:40am
Are we seeing 1.6450 today???????
  • #186,709
  • Dec 9, 2009 4:42am Dec 9, 2009 4:42am
Quoting Pip26
Are we seeing 1.6450 today???????
I hope it will reduce my S/L nicelly.
  • #186,710
  • Dec 9, 2009 4:43am Dec 9, 2009 4:43am
Quoting wormboy
hey ff.

it's chilled waiting for your 7000 target. How's mine doing?
It's on top of the fridge - Nearly put it back in. Wonder if we'll have a result before the end of the year!

For those of you that have no idea what is going on Wormie and I had a bet for a beer - I called 1.7000 and Wormie called 1.53000 (Call's were made when it was right in the middle)
May the forex be with you |
  • #186,711
  • Dec 9, 2009 4:43am Dec 9, 2009 4:43am
Goo2 Cable
  • #186,712
  • Dec 9, 2009 4:44am Dec 9, 2009 4:44am
Quoting AlexanderSV
sure I'm learning and happy to learn smth new everyday.
if you see my words were a replica from somewhere in the internet forums you're surfing, that's fine for me, at least now I know that smb is thinking similarly as I do)

but don't tell me what to do and I'll not tell you where you must go to.

happy trading, mates
I don't recall telling you to do anything. Matter of fact I think you were telling some of us who bought earlier picking bottoms were costly and had nothing more in value.
Still think it's short day today?
Thank You
  • #186,713
  • Dec 9, 2009 4:45am Dec 9, 2009 4:45am
Quoting Pip26
Are we seeing 1.6450 today???????
Hopefully before Friday close! I'm long with the family jewels
May the forex be with you |
  • #186,714
  • Dec 9, 2009 4:48am Dec 9, 2009 4:48am
hmmhmhm
Attached Image (click to enlarge)
Click to Enlarge Name: gu_h4_1209.jpg Size: 82 KB
  • #186,715
  • Dec 9, 2009 4:49am Dec 9, 2009 4:49am
Quoting FXFundi
It's on top of the fridge - Nearly put it back in. Wonder if we'll have a result before the end of the year!

For those of you that have no idea what is going on Wormie and I had a bet for a beer - I called 1.7000 and Wormie called 1.53000 (Call's were made when it was right in the middle)
lol bring it back out!

Doesnt look like we'll get it this year methinks. But, stranger things have happened tho
Thank You
  • #186,716
  • Dec 9, 2009 4:50am Dec 9, 2009 4:50am
Quoting FXFundi
Hopefully before Friday close! I'm long with the family jewels
But mainly depend on BOE Rate Statement........

I hope we will se a new high or close to previous high before next year
  • #186,717
  • Dec 9, 2009 4:52am Dec 9, 2009 4:52am
Quoting FXFundi
Hopefully before Friday close! I'm long with the family jewels
Nice money managment.
  • #186,718
  • Dec 9, 2009 4:52am Dec 9, 2009 4:52am
Quoting ams
All good mate!

You don't appear often. Was waiting for you to make a call around these levels.
tbh, I didn't have time yesterday to place any trade. Was in meetings all day. So placed the trade first thing this morning.

Hope it goes our way. Fundies suggest cut in public spending, tax rise etc etc is good for currency.

Thursday BOE might withdraw from QE. Also good. Only thing which is considered as a threat (or traders tool for spike down to take all the stop loss) is S&P ratings to be revised for UK. Well, we got stop loss to cover that!
Targeting...
With my style of trading it's enough if I do couple of trades a month, that's why I don't post much...

It seems that the market has already worked out yesterday's Moody's story and has regained a little bit of confidence in Darling's pre-budget...will find out in just over 1.5 hours time...

for now it looks pretty good tho....

All The Best To You Too, my friend!
Hear the music before the song is over ...
  • #186,719
  • Dec 9, 2009 4:57am Dec 9, 2009 4:57am
Back in action folks. Short 6330 / SL 80 TP 6135.

My pip hand is strong.
  • #186,720
  • Dec 9, 2009 4:58am Dec 9, 2009 4:58am
Quoting wormboy
I don't recall telling you to do anything. Matter of fact I think you were telling some of us who bought earlier picking bottoms were costly and had nothing more in value.
Still think it's short day today?
Mate,
Quote
Dont talk sh*t. I pick tops and bottoms all the time, think for yourself, don't copy
I think you did

After upmove I think D1 will end up in a hummer, and my preference still more to the selling side. As I said before, both of people holding longs and shorts will eventually win if SL is wide enough. Currently market can go either way and I don't think there are much higher odds for going long now. I still believe in weak pound, but we will see if this will be changed later today. I think now pound is too much sensitive to good or bad news and thus I'm not relying too much upon technical analysis.
Recent broken support line makes me feel downtrend will not finish so quickly. Let's see.
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